You never learned these numbers… - Sutton Benefits & Pension

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You never learned these numbers…

My oldest daughter Ella will be 17 years old this week and she has had her driver’s license since last fall.  On top of that, she recently got a job as a cashier at Safeway here in Saskatoon.

I’m counting on her to help me learn the produce codes for when I go through the self checkout!

I remember teaching her to count.  Now she’ll be using those skills as she rings customers through the register.

They sure grow up fast!

Do you remember learning to count? How about teaching your children or grandchildren?

Getting to one hundred was a big event.

Eventually, you taught them about the thousands. Then, ten thousands. Then, hundreds of thousands. Then, millions.

Perhaps you went as far as teaching them about billions.

In today’s world, you need to go back and teach them about TRILLIONS.

Why? Our combined government debt (federal, provincial, territorial, and local governments combined) is over $2 trillion.

That’s $2 with 12 zeros on it!

$2,000,000,000,000!

Maybe this will help get a handle on that number.

Think about a second.

1 Thousand seconds = 16 minutes

1 Million seconds = 2 weeks

1 Billion seconds = 32 years

1 Trillion seconds = 32,000 years

Our deficit is like 64,000 years is to a second.

That’s over $60,000 for each person in Canada.

What does that mean for you… your children… your grandchildren?

Higher taxes, at some point, to pay down the debt.

One thing is certain.

Relying on the “government’s plan” to ensure that you will be able to retire, maintain your lifestyle, and leave a legacy is a “foolhardy plan.”

Build your own tax smart plan. Do it now.

We are here to show you how. Call us today.

 

Too many people spend money they earned… to buy things they don’t want… to impress people that they don’t like.

-Will Rogers